goeasy (TSE:GSY) Downgraded to Hold Rating by National Bank Financial

goeasy (TSE:GSY) was downgraded by research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Several other equities analysts also recently issued reports on the stock. ATB Cormark Capital Markets reduced their price objective on shares of goeasy from C$200.00 to C$185.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. BMO Capital Markets lowered goeasy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. TD Securities cut goeasy from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$160.00 to C$135.00 in a report on Monday, January 19th. Jefferies Financial Group lowered goeasy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Finally, Raymond James Financial lowered goeasy from a “moderate buy” rating to a “hold” rating and decreased their price target for the stock from C$208.00 to C$153.00 in a research note on Wednesday, December 3rd. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, goeasy presently has a consensus rating of “Hold” and a consensus price target of C$180.33.

goeasy Trading Down 18.2%

Shares of GSY stock opened at C$40.67 on Tuesday. The company has a market capitalization of C$651.78 million, a price-to-earnings ratio of 2.97, a PEG ratio of 0.84 and a beta of 0.16. The company has a current ratio of 42.83, a quick ratio of 28.46 and a debt-to-equity ratio of 383.82. The firm has a 50-day moving average price of C$121.22 and a 200 day moving average price of C$145.91. goeasy has a twelve month low of C$37.83 and a twelve month high of C$216.50.

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.